eClerx Services Ltd

eClerx Services Ltd

₹ 2,477 1.42%
27 Feb 3:13 p.m.
About

EClerx Services Ltd is engaged in providing Knowledge Process Outsourcing (“KPO”) services to global companies. The Company provides data management, analytics solutions and process outsourcing services to a host of global clients through a network of multiple locations in India, and abroad.[1]

Key Points

Business Segments[1]
Customer Operations: The customer operations segment helps enhance customer experience by providing quality monitoring/ insights, advanced analytics, automation, superior technical operations support, and digital care services.
Digital: eClerx digital provides creative production, eCommerce / web operations, and analytics & insights services to organisastions.
Financial Markets: The Co offers holistic solutions across the trade lifecycle, change management, settlements and clearing, asset servicing, data and analytics in financial markets practise.

  • Market Cap 12,143 Cr.
  • Current Price 2,477
  • High / Low 2,828 / 1,272
  • Stock P/E 23.6
  • Book Value 403
  • Dividend Yield 0.04 %
  • ROCE 36.5 %
  • ROE 29.3 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 25.3%

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
394 473 486 523 559 592 618 650 687 693 684 722 753
282 320 345 358 387 410 474 469 496 486 517 517 546
Operating Profit 112 153 141 165 172 182 143 181 191 207 167 205 207
OPM % 28% 32% 29% 32% 31% 31% 23% 28% 28% 30% 24% 28% 28%
9 6 9 1 4 10 22 21 18 5 8 14 19
Interest 5 6 5 6 5 5 5 5 5 6 6 6 6
Depreciation 20 24 24 25 26 28 25 27 30 32 28 30 34
Profit before tax 96 129 122 135 145 159 135 170 173 174 141 182 187
Tax % 26% 24% 24% 26% 26% 25% 27% 26% 24% 24% 24% 25% 26%
71 98 92 101 107 118 100 126 131 132 107 136 139
EPS in Rs 13.58 18.88 17.46 19.26 21.03 23.42 19.57 24.82 25.85 27.04 21.69 27.73 28.28
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
473 661 841 942 1,314 1,330 1,365 1,431 1,438 1,564 2,160 2,648 2,852
283 406 486 626 833 869 998 1,122 1,111 1,115 1,498 1,925 2,066
Operating Profit 190 255 355 316 482 461 368 309 326 450 662 723 786
OPM % 40% 39% 42% 34% 37% 35% 27% 22% 23% 29% 31% 27% 28%
22 -18 11 32 36 28 61 49 45 34 24 66 46
Interest 0 0 1 1 1 2 1 1 20 21 23 22 24
Depreciation 13 26 33 50 57 52 48 45 71 82 103 114 124
Profit before tax 199 211 332 298 460 436 380 311 281 381 560 653 684
Tax % 20% 19% 23% 23% 26% 19% 24% 27% 26% 26% 25% 25%
160 172 256 230 342 354 290 228 209 283 418 489 514
EPS in Rs 27.50 28.74 42.33 37.84 55.80 59.30 50.08 39.29 37.65 54.03 82.33 99.71 104.74
Dividend Payout % 32% 44% 41% 46% 1% 1% 1% 2% 2% 1% 1% 1%
Compounded Sales Growth
10 Years: 15%
5 Years: 14%
3 Years: 23%
TTM: 12%
Compounded Profit Growth
10 Years: 11%
5 Years: 12%
3 Years: 32%
TTM: 8%
Stock Price CAGR
10 Years: 14%
5 Years: 29%
3 Years: 58%
1 Year: 71%
Return on Equity
10 Years: 26%
5 Years: 22%
3 Years: 25%
Last Year: 29%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 29 30 30 30 41 40 38 38 36 34 33 48 48
Reserves 314 408 559 685 1,052 1,176 1,167 1,344 1,270 1,467 1,534 1,667 1,925
0 0 0 0 4 1 6 2 157 175 163 194 215
118 163 201 242 192 182 208 201 260 315 324 365 341
Total Liabilities 461 601 790 957 1,288 1,398 1,419 1,584 1,723 1,991 2,055 2,274 2,529
44 135 155 167 365 325 343 348 480 728 713 773 813
CWIP 4 1 1 1 0 2 0 0 1 0 2 21 0
Investments 100 35 115 155 219 252 165 286 437 229 196 275 267
313 430 518 634 704 820 910 950 806 1,033 1,145 1,206 1,449
Total Assets 461 601 790 957 1,288 1,398 1,419 1,584 1,723 1,991 2,055 2,274 2,529

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
173 153 195 243 418 312 305 206 333 365 444 493
-83 -34 -129 -62 -167 -175 26 -230 24 -2 44 -55
-72 -53 -84 -115 -165 -245 -304 -54 -308 -188 -416 -440
Net Cash Flow 17 66 -17 66 86 -108 28 -77 49 174 71 -2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 33 36 43 49 52 59 62 62 60 68 56 61
Inventory Days
Days Payable
Cash Conversion Cycle 33 36 43 49 52 59 62 62 60 68 56 61
Working Capital Days 16 11 12 22 52 74 74 70 50 53 54 52
ROCE % 69% 54% 65% 46% 51% 38% 30% 24% 21% 24% 34% 36%

Shareholding Pattern

Numbers in percentages

38 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
53.81% 53.81% 53.81% 53.38% 53.38% 53.38% 53.38% 53.38% 53.61% 53.61% 53.61% 53.61%
18.86% 19.09% 16.05% 14.92% 13.83% 13.25% 12.03% 12.03% 12.64% 12.62% 12.13% 11.81%
15.13% 15.75% 17.55% 19.01% 19.34% 19.92% 20.31% 19.94% 20.19% 20.89% 21.64% 22.91%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
9.67% 9.18% 10.58% 10.60% 11.30% 11.34% 12.12% 12.48% 11.52% 11.14% 10.92% 10.04%
2.53% 2.18% 2.01% 2.09% 2.15% 2.11% 2.14% 2.17% 2.02% 1.72% 1.68% 1.63%
No. of Shareholders 33,75135,59277,36142,30250,89848,20252,43696,62853,24853,48449,71552,639

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls